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725 Lake Shore Road

725 Lake Shore Road, Franklin, IN 46131
Property in Franklin
Sold Jul 06, 2017
$137,000
$139,900 by Primelending
Mortgage Due Jul 01, 2047
Sold Sep 15, 2014
$104,500
$103,137 by Pnc Mortgage Llc
Mortgage Due Sep 01, 2044
725 Lake Shore Road has been categorized by the local assessors in Franklin, IN as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 725 Lake Shore Road has 1,394 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 810 ft. The area measurement of the land has been determined as 10,062 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jun 23, 2017 for $137,000. That's $98.28 per sqft. Prior to that sales transaction, the property was also sold in Aug 25, 2014 for $104,500. 725 Lake Shore Road was last assessed in 2023. The total value of the property was assessed at $199,200. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $164,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,315. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,062
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FRANKLIN LAKES SEC 3
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANKLIN LAKES SEC 3 LOT 184 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : PHILLIPS MICHAEL
  • Previous Owner : HALL STACEY M
  • Owner Before Previous Owner: SPRAUER STACEY M
  • Owner Before Previous Owner 2: HALL STACEY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 610801

Geography

  • Account Number: 51002204050/00
  • District: 0003
  • Section: 3
  • Parcel: 41-08-22-041-013.000-009
  • Lot: 184
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.4697
  • Longitude: -86.0661

    Address

  • Full Address: 725 Lake Shore Rd
  • Address - House Number: 725
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Franklin
  • Carrier Code: R010
  • 4-Digit Zip Code: 7469
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 1,394
  • Tax Year: 2022
  • Tax Amount: $1,315
  • Tax Rate Code Area: 9:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 273,176
  • High Value: 335,245
  • Low Value: 211,107

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,900
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jul 06, 2017
  • First Open Lien Mortgage Loan Amount: $139,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $199,200
  • Market Land Value: $35,000
  • Market Improvement Value: $164,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,200
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $164,200

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Transaction ID: 1589516081
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-015054
  • Previous Sale Recording Date: Sep 15, 2014
  • Previous Sale Contract Date: Aug 25, 2014
  • Previous Sale Amount: $104,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jul 06, 2017
  • First Mortgage Loan Amount: $139,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 15, 2014
  • Previous Mortgage Loan Amount: $103,137
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Franklin



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Frequently Asked Questions

What neighborhood is 725 Lake Shore Road located in?
The 725 Lake Shore Road is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 725 Lake Shore Road?
The average sales price for units in 725 Lake Shore Road is $0 currently.

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